BM522 - Project Management: Transport for London Project Analysis

This project management report delves into the Transport for London (TfL) project, focusing on the staging of an operetta to celebrate the 40th anniversary of the G&S Society and unveil TfL's strategic direction. The report covers project justification, appropriate project management methodologies such as Agile and Waterfall, network diagrams, Gantt charts, stakeholder analysis, work breakdown structure, risk analysis, and measures for controlling the event. It identifies internal and external stakeholders, assesses potential risks and mitigation strategies, and outlines the organizational structure for effective project execution. The conclusion emphasizes the importance of project management principles in guiding the project from conception to completion, highlighting the benefits of Agile methodology, stakeholder engagement, and risk management.

Project Management
Transport for London
Project

EXECUTIVE SUMMARY
The report of project management is prepared on “Project of Transportation” for London
which is granted through by Ealing Council to Transport for London with the purpose of
arranging a celebration of 40th Anniversary of G&S Society together with disclosing strategic
directions of TfL. Planning, build-up, implementation, and closeout are major processes of
managing project. Project management allows members of team to put emphasis on activities
that are significant, away from the distractions that can cause through operations going off track
additions to budgets being uncontrolable in nature. The report covers project management
methodology, network diagram, gantt chart, stakeholder’s analysis and measures to control the
event.

Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
Justification of the project and appropriate project management methodology..........................1
TASK 2............................................................................................................................................2
i. Network diagram......................................................................................................................2
ii. Gantt Chart...............................................................................................................................3
TASK 3............................................................................................................................................7
Stakeholders of the project...........................................................................................................7
TASK 4............................................................................................................................................9
Work breakdown structure alongside organisational structure for the event..............................9
TASK 5..........................................................................................................................................10
Risk Analysis.............................................................................................................................10
TASK 6..........................................................................................................................................12
Measures for controlling the event...........................................................................................12
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................14

INTRODUCTION
Managing a project contains identification, assessment and managing risks, smart budgeting,
clear communication and careful resource management. It helps each component or tasks of
project to run more smoothly (Fowler, 2019). Transport for London project is considered project
for the project to stagg one of popular operettas of composer Arthur Sullivan along with
playwright William G. Gilbert.
The report covers justification for the project and appropriate project methodology. It
further includes network diagram, stakeholder analysis, work breakdown structure and risk
analysis which can affect the project.
TASK 1
Justification of the project and appropriate project management methodology
Project of Transport for London is approved through Ealing Council to Transport for
London with objective to unveil strategic directions of TfL and celebrate 40th anniversary of
G&S Society. The project will be funded by Transport for London in collaboration with Student
Council of University. The deliverable of the project is successful music event in which
performance will be given by one of popular operettas of composer Arthur Sullivan as well as
playwright William Gilbert.
Agile methodology is a project management methodology that can be used in Transport for
London project as it is an effective approach for managing a project through breaking it in
multiple stages. The methodology entails constant collaboration with various stakeholders along
with ongoing improvement at each phase. It is appropriate methodology as it assists in delivering
values to stakeholders quicker together with fewer headaches. At same time, waterfall
methodology is another project management methodology that focuses on linear progression
from beginning to end of a project. This methodology, often used by engineers, is front-loaded to
rely on careful planning, detailed documentation, and consecutive execution.
In restaurant orders and cricket team, agile methodology has been used previously for
increased customer satisfaction, faster development times and lowering waiting times (Cui and
Nelson, 2019). In Transport for London project, usage of agile methodology benefits in
predicting expected outcomes properly, better productivity, higher investment returns and more
control of operations.
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TASK 2
i. Network diagram
A graphical portrayal of practices addition to events concerned with a project is termed to
network diagram (McCoy and VanCour, 2021). It shows elements which make up whole
network and the ways they interact, such as devices, routers, etc. With network diagram, project
managers of Transport for London track each element and fastly share status with others.
Network diagram for project of Transport for London is as prepared:
Figure 1: Self-Generated. 2022
(Source: Self-Generated. 2022)
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Figure 2: Self-Generated. 2022
(Source: Self-Generated. 2022)
To build the above network diagram, project manager of Transport for London used the
criteria:
Early Start Activity Number Early finish
Slack
time
ACTIVITY NAME
Late Start Duration Late Finish
Above devised network diagram for project of Transport for London represents critical
path that is delineated to a technique to identify tasks essential for completing working in a
project as well as determine scheduling flexibilities. Mentioned network diagram is devised with
the help of arrows that are coloured in orange and blue in Figure 1. At same time, it have been
determined that shortest time as per critical path for completing the project is 116 days that
includes activities such as 1→2→4→5→9→10→21→22.
ii. Gantt Chart
In a project, Gantt chart assists in planning work around deadlines as well as allocating
resources in proper manner. In context to project of Transport for London, gantt chart is below:
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TASK 3
Stakeholders of the project
Stakeholders refers to the individuals who has interest and capital in any company. Also,
they have invested their and time money in the operation of business to achieve success (Haddad,
2018). It includes, employees, managers, staff members, sponsors, investors, general public,
customers and government which has interest in the project. The stakeholder’s analysis in
reference to the project of Transportation for London are as follows:
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The internal stakeholder are internal staff members, managers, markers, owners and
workers who works in the implementation or organisation of project of transportation for
London. While, external stakeholder of same project are investors, partners, general public,
customers, sponsors and government who has invested their money or time in the project.
Level of interest
Level of power HIGH LOW
HIGH Investors Government
LOW Employees Customers
From above matrix, the level of power and interest of internal and external stakeholders
has huge impact in the conduction and completion of a project of Transportation for London that
are shown underneath:
High interest with high power: In this, investors have high interest as they invest huge
amount of money in the implementation of project of transportation for London as well as for
this, they take high power for fast and better working in the process of making.
Low interest with high power: The government did not take participate in the working
of project of transportation and they also have low interest in its process but they take high
because it directly related with safety or health of people in London.
High interest with low power: The employees has high interest because they are
working on it and give their best in the completion of project of transportation with less power
for taking important decisions
Low interest with low power: The consumers has less interest with less power because
they not know much about the working and process of project of Transportation for London.
With the help of above stakeholder analysis, project managers of Transportation of
London can inform better decisions making through building strategic approches of landscape,
and the relationships among variant stakeholders and the issues they care about most. It uncovers
and removes multiple barriers in understanding the project's progression. The more involvement
and engagement of stakeholders, the more will uncover and reduce risks on the project resulting
to better decision making for project success.
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